Guy Carpenter reveals two key hires for new business unit

Both executives join the group from Willis Re

Guy Carpenter reveals two key hires for new business unit

Insurance News

By Ryan Smith

Global risk and reinsurance specialist Guy Carpenter & Company has announced the appointments of Matt Petka as managing director and Riley Underwood as senior vice president to its GC Access business unit.

GC Access provides dedicated program business solutions and offers a range of services to carriers and MGAs operating in the program market, including carrier and reinsurance transactions, captive support, insurtech expertise and program startup roadmaps.

In his new position, Petka (pictured above) will assume a senior leadership role at GC Access, and will be responsible for overseeing solution development and client management. Alongside Underwood, he will focus on delivering programs for US regional clients in the MGA sector.

Petka has more than 22 years of broking experience and extensive knowledge of the US auto and property sectors. Prior to joining Guy Carpenter, he served as executive vice president at Willis Re, where he managed a team focused on MGA and program business.

Underwood (pictured below) also joins from Willis Re, where he most recently served as senior vice president responsible for new account production and account management.

Both will be based in Dallas and will report to Michael Jameson, president of GC Access.

“Today’s announcement of these two senior appointments demonstrates our full commitment to building on the considerable success achieved to date by GC Access,” Jameson said. “Matt and Riley are both seasoned practitioners in the MGA arena who bring a depth of market insight that is critical to developing the fully optimised program solutions we deliver for our clients.”

“GC Access has already helped to set a new standard for program delivery in the MGA sector since its launch in 2020,” said John Trace, North America CEO for Guy Carpenter. “Through the range of services and analytical solutions that Michael and the team offer, we are helping position our clients to capitalise on the expanding opportunities this sector provides. Our ability to continually attract great talent to our organisation is a further testament to the leading position that we have established.”

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